Why you shouldn't stay at the same company for too long (3 reasons) #6

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You might have been wondering whether you’ve been with the same company for too long and whether it’s time to look out for other opportunities.

When you’ve worked for a company for quite a while, it’s easy to get comfortable and forget about what your career goals are. It’s much easier to just stay put.

In this episode, I’ll talk about 3 reasons why you should not stay with the same company for too long. I’ll also go through how you can ‘test’ whether or not it’s time to look out, as well as share with you 2 cases in which staying a bit longer makes sense. #careerpodcast #multiplecareers #personalsuccess

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[multiplecareerspodcast]

Moving my videos to my main channel 'Multiple Careers', please subscribe there!

[Andrew-]

Those were the exact 3 reasons that I knew I had to leave my last job. I could not get promoted from where I was, the company was doing things to lower my pay and benefits, and I was not learning new things or growing. Leaving at the end of last year was one of the best things I have ever done. My new role was a promotion, pays more, costs me a whole lot less, better benefits, less stress, and great learning opportunities.

[larasmith]

The WHOLE CONTENT of this video is TOTALLY TRUE. 24 yrs of loyalty in a Cruise Line didn't make me grow in my career nor gave me the chance to be promoted. EYE OPENER.

[STUPIDYOUTUBE_HIDINGMSGS]

This is a wonderful podcast, it's like she's discussing what I've gone through. Pretty much accurate.
I stayed with a company for 15 years. Too long! I initially wanted to stay for 3 years to learn, but I got too comfortable, to the point that I decided that's going to be my last employer until I retire. I became an expert, a furniture in the department, made some friends, love my travel to work and going home. I was scared to leave because I don't know what's waiting for me out there. But, plans change. People change. I left without a new role waiting. I found myself struggling. I might be an expert in the IT work I was doing for them, but I got complacent that I didn't learn new skills. The skills I learned from them didn't translate to skillset in the outside world. Now I'm trying to upskill and catch up, but It's a slow grind. I should have left that company on my 7th year when I initially planned for it. Don't be like me. There's no loyalty, anyone is indispensable. Look after yourself and your skills.

[ananthh.v.]

Your employer takes you for granted for staying too long. That's what happened to me after working for 16 long years in the same company

[CD-hvdu]

I was regretting leaving the company i worked for 20 years but after hearing this video i dont anymore. Thanks

[GnomeEU]

I work in software and many companies have their own in-house tools and frameworks.
You can get really good at those tools, but that's useless for anything outside that company. So I totally agree with you on point 3.

[farhadhatami]

it's good to watch this video as an employer. it gives you an insight on what is going through your empolyee's mind.

[MB-orjs]

Agree with all the mentioned reasons. Another additional one: culture change when staying longer in the same company. Seen this twice in my career that the culture when starting and leaving the job was different. CEOs with different company agenda and senior managers change over the course of years, and it is possible that you don't fit as much anymore to the culture when hired years ago. Then it is also better to leave and start over elsewhere.

[victorvaldez]

Worked in the same company for more than one and a half decade ., the company this year told me take a pay cut by 15% and also increased my job scope. I hope I have a chance to get out soon..
thank you for this video

[HarveyTall]

Thank you for this. I have been with my company for 7 years and got a new job offer that pays more but started to feel guilty if i leave. I needed to hear this.

[atlantic_love]

This is one of the best and most relatable videos I've ever seen. She's spot on!

At my company, the last time my pay increased was October 2022 when I was promoted to Team Lead. If we're talking about review-based or cost of living raises, it's probably 2 years. What are others' thoughts on this?

I've been at this company for 5 and a half years. Each week my husband (who works there, too) and I say "tomorrow we're going job hunting", but as soon as we get off work and have slept for the night, we're too tired to then go look for something different. This has been going on for awhile. I've been picking up the slack at work for others who are either lazy or don't possess the traits that I do to get certain things done in a timely, accurate manner, and I've been so engrained in the company for so long that I'm simply too tired to do something about it on my off days :(

[NaokiIto-ojsg]

I have been with my current employer for 12 years now and haven't had a promotion for 5 years. I thought I was totally ready to move on. So I applied for 2 jobs and have got a job offer with $50k more than my current salary. But now I am hesitating to take the offer because I started thinking that stability is important. But as you said, never know when they let me go.

[davidrobinson]

Man… I commend those staying at a job for 15-20yrs. The most I stayed at a job was for a little over a year after my longest job of 6yrs. After that I decided I will never again let an employer dictate my source of income single handedly. I’ve been doing side jobs, self employed income sources and job hope for greater pay and opportunity. I’ll be dam I give any company my loyalty. I’m loyal to myself 1st. Stop putting time on your growth or movement. No one is making it out of here alive and don’t know when today is our last, so you dam well better take that leap the moment you feel it and stop doubting yourself.

[nikitadmalvi]

I LOVED this video. So informative and to the point. I am impressed by the fact that someone could talk about this for ~30 mins with so much passion. Subscribed and I feel that this channel should grow as it serves with great content. ✨

[muffinman]

I agree with some of the things you said. Particularly, if you stay for so long in the company and you have a particular skill that is very specific to the company, then you are at danger should the company lay you off and you don't have any other skill for other employees. You don't want to be over reliant/heavily skewed on the company's offerings/particular way of doing things and not know how to do tasks/things any other way. You may need to pursue other opportunities or get laid off any time in the future and not know how to learn and do things outside your comfort zone to be re-employed. In the tech sector we got this problem, employee uses a particular software because the company requires that and after years of use the employee has no other skills than what the company allowed you to use. You just become 1 dimensional and reliant on the mercy of the company, that's leverage.

[h..a..n..a]

Thank you, That was very helpful!!!
In my case, I've worked at the same company for 5 years and leaving for exactly these 3 reasons that you mentioned, and now, after 1 year at the new company, I'm starting to ask myself the same questions, and yes, I think I need to change this job already, even though it's just been 1 year, but I find myself depending on the company, there's no new experience anymore and the chances of getting paid more is very low, even though I'm enjoying what I'm doing, and it kinds of fulfilling, but I think the nature of my specialty as an occupational therapist is what makes it fulfilling, not just this job!

[jackcarraway]

If you are happy with your job, at least regularly job shop. See what the job market looks like. See what average pay is. See what skills are in demand. Heck, do it just to see how fast you can get a call back.

[gunjannaik]

Great advice I just resigned last week & totally agreed with your thoughts. I am also moving ahead in my Career

[Vegv]

Transitioning to a new company now. I would have stayed but I felt limited in growth.